movements have had important implications for inflation and economic activity in both Canada and the rest of the world. China …

In this paper, we use a SVAR model in order to study the asymmetry of growth and inflation developments in the acceding … growth or inflation divergence, rather than the distinct way in which acceding countries react to euro area shocks. But … responsible for inflation asymmetry. Hence, a low asymmetry in terms of growth does not necessarily imply a low asymmetry in terms …

movements have had important implications for inflation and economic activity in both Canada and the rest of the world. China …

stability has been fostered by improved monetary policy and by associated changes in the behaviour of inflation, which has …

In this paper, we use a SVAR model in order to study the asymmetry of growth and inflation developments in the acceding … growth or inflation divergence, rather than the distinct way in which acceding countries react to euro area shocks. But … responsible for inflation asymmetry. Hence, a low asymmetry in terms of growth does not necessarily imply a low asymmetry in terms …

in the economic growth and inflation of each actual and potential GCC members. It finally analyzes the similarities in … economic growth and inflation among GCC countries after controlling for different global and country-specific shocks. The … results suggest that the overall CPI inflation rates of Kuwait, Oman, Saudi Arabia and Jordan are highly and positively …

In a recent paper, Atkeson and Kehoe (2004) demonstrated the lack of a robust empirical relationship between inflation … relationship by allowing for inflation and growth to have a nonlinear specification dependent on inflation levels. In particular …, we allow for the possibility that high inflation is negatively correlated with growth, while a positive relationship …

inflation and real economic growth, since this conventional model focuses instead directly upon real output and the aggregate …